Top Democrats bash Trump over cryptocurrency income

Top Senate Democrats slammed President Trump on Friday over the more than $1 billion in cryptocurrency-related income he reported last year, calling for investigations into the national security ramifications of the president’s digital asset holdings.

The administration released Trump’s financial disclosures last week, showing he made about $594 million from World Liberty Financial, the crypto venture he launched with his sons in 2024, and another $635 million in connection with his meme coin.

Sens. Elizabeth Warren (D-Mass.), Richard Blumenthal (D-Conn.), Gary Peters (D-Mich.), Dick Durbin (D-Ill.) and Ron Wyden (D-Ore.) pointed to this income, as well as unspecified “third parties” that own 25 percent of World Liberty Financial, as a source of concern.

“The disclosures heighten concerns about the President pushing Congress to pass crypto legislation in favor of the very industry he’s cashing in on, the Administration’s moves to exempt cryptocurrencies and service providers from existing financial services regulations, and........

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